Overview

• Tesla Chair Robyn Denholm stated it is 'absolutely false' that the board has contacted recruitment firms to search for Elon Musk's successor.
• A Wall Street Journal report alleged that Tesla board members had reached out to executive search firms to explore CEO succession, though this remains unconfirmed.
• Elon Musk has pledged to refocus on Tesla after months of prioritizing his role in the Department of Government Efficiency under President Trump.
• Analysts emphasize the difficulty of replacing Musk, whose visionary persona is deeply tied to Tesla's market value and long-term strategy.
• Tesla reported a 9% drop in Q1 2025 sales, intensifying scrutiny of the company's leadership and Musk's ability to deliver on ambitious promises.